When the firm employs 3 machines and 5 workers, the output is equal to 19.
How to find the output
To find the output when the firm employs 3 machines (K) and 5 workers (L) according to the linear production function Q = F(K, L) = 3K + 2L, substitute the values of K and L into the function:
Q = 3(3) + 2(5)
Q = 9 + 10
Q = 19
Therefore, when the firm employs 3 machines and 5 workers, the output is equal to 19.
Suppose the linear production function for a firm is given by:Q = F(K,L,) = 3K + 2L.If the firm employs 3 machines and 5 workers, output is equal to